Brookfield Homes Announces 2004 Closings - 2005-01-05
Brookfield Homes Corporation closed 1,798 homes in 2004, a jump of 270 units over last year. As well, we achieved our targeted backlog at December 31, 2004 of approximately 30% of our estimated 1,875 home closings in 2005.

Factors that could influence actual results to differ materially from those set forward in the forward-looking statements include, but are not limited to: changes in general economic, real estate and other conditions and mortgage rate changes
Read the full story at Press Release] Business Wire via Yahoo! Finance

Experts: Interest-Only Mortgage Loans Can Be Good For Homeowners - 2005-01-05
Some people are purchasing their dream homes with a new type of mortgage loan. Interest-only loans are a way to get access to a lot of money without having a large monthly payment.

Still, if consumers have the discipline to invest saved money, they could end up with more in the long run, and some declared keeping a home mortgaged at the sale price isn't necessarily bad.
Read the full story at The Boston Channel